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38 <br /> <br />Revised 01/24 <br /> <br />the previous calendar month, and shall sum up the financial status of the Work with the <br />following information: <br /> <br />a) Total Contract Price, including any adjustment thereto made pursuant to the Contract <br />Documents. <br /> <br />b) Value of Work completed and materials properly stored to date. <br /> <br />c) Less amount retained. <br /> <br />d) Less previous payments. <br /> <br /> e) Current amount due. <br /> <br />f) Balance remaining. <br /> <br />The Contractor, upon request of the Designer, shall substantiate the request with invoices, <br />vouchers, payrolls, or other evidence. <br /> <br />20.3 When payment is requested or made on an account of stored materials, such materials <br />must be stored on the Owner's property at such places and in such a manner as may be <br />designated by the Designer. However, in the sole discretion of the Owner, with permission <br />in writing from the Designer and Owner and under such circumstances as may be determined <br />by the Owner, such materials may be stored in a bonded warehouse. The location and <br />conditions for storage of such materials away from the Owner's property in a bonded warehouse <br />shall be within the sole discretion of the Owner. Requests for Payment on account of stored <br />materials shall be accompanied by paid invoices, bills of sale, warehouse receipts, or other <br />documentary evidence establishing Owner's title to such materials, evidence that the stored <br />materials are insured against loss and damage, and such other documentation as required by <br />the Designer. Responsibility for the quantity, quality, and condition of such stored materials, <br />whether stored on the Owner's property or away from the Owner's property, shall remain with <br />the Contractor regardless of ownership or title. No payment shall be made on account of <br />materials stored in a bonded warehouse unless the Contractor has acquired written permission <br />from the Designer for such storage of materials and has complied with all conditions set forth in <br />such permission regarding such storage of materials in a bonded warehouse. <br /> <br />20.4 Any Request for Payment received by the Designer on or before the fifth (5th) of the <br />calendar month shall be certified for payment or returned for re-submission to the Contractor on <br />or before the fifteenth (15th) of the calendar month. The Designer's certification shall be for the <br />amount which was requested or that which the Designer has decided was justly due, and shall <br />state in writing to the Contractor and Owner the reasons for withholding payment of any or all of <br />the amount requested. <br /> <br />20.5 The Designer may fail to certify all or part of any payment requested for any of the <br />following reasons: <br /> <br />a) Defective Work not corrected. <br /> <br />Docusign Envelope ID: 687B9CC7-F1BC-43DB-A291-A8D859EFA3B2